asked 103k views
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-What is the future value of a $1,000 annuity payment over five years if interest rates are 9 percent?

-Recalculate the future value at 8 percent interest, and again, at 10 percent interest

1 Answer

1 vote

Answer:

9% = 450

10% = 500

8% = 400

Explanation:

answered
User Tejal
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